2,048 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Purchased by Permanent Capital Management LP

Permanent Capital Management LP bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 2,048 shares of the company’s stock, valued at approximately $377,000.

Other hedge funds have also recently bought and sold shares of the company. Swiss National Bank lifted its stake in Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after acquiring an additional 13,200 shares in the last quarter. CIBC Asset Management Inc raised its position in Take-Two Interactive Software by 9.1% in the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after purchasing an additional 4,456 shares in the last quarter. Fiduciary Alliance LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $734,000. Paloma Partners Management Co acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at about $20,290,000. Finally, Legacy Trust raised its position in Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock valued at $4,744,000 after purchasing an additional 2,115 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TTWO shares. Benchmark reaffirmed a “buy” rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Oppenheimer increased their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Roth Mkm increased their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price target for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Ascendiant Capital Markets increased their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Trading Down 1.7 %

NASDAQ:TTWO opened at $204.33 on Friday. The stock’s 50 day moving average price is $195.22 and its 200 day moving average price is $177.03. The company has a market capitalization of $36.06 billion, a PE ratio of -9.58, a P/E/G ratio of 6.83 and a beta of 0.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.